Comments on: The Economy is booming and not just for the “rich” http://www.punditreview.com/2006/03/the-bush-economy-is-booming-does-the-msm-notice/ Where The Old Media Meets The New Thu, 20 Nov 2008 12:24:30 +0000 http://wordpress.org/?v=2.5.1 By: Todd http://www.punditreview.com/2006/03/the-bush-economy-is-booming-does-the-msm-notice/#comment-7882 Todd Wed, 22 Mar 2006 04:25:07 +0000 http://www.punditreview.com/?p=461#comment-7882 Just imagine the effect rebuilding Atlantis, errr, umm, I mean New Orleans will have on the economy. Wouldn't it be cheaper to offer all New Orleans residents a miilion bucks to move above sealevel. Can you say, "Darwinism interrupted"? Nagin! Just imagine the effect rebuilding Atlantis, errr, umm, I mean New Orleans will have on the economy. Wouldn’t it be cheaper to offer all New Orleans residents a miilion bucks to move above sealevel. Can you say, “Darwinism interrupted”? Nagin!

]]> By: Administrator http://www.punditreview.com/2006/03/the-bush-economy-is-booming-does-the-msm-notice/#comment-7875 Administrator Tue, 21 Mar 2006 22:12:21 +0000 http://www.punditreview.com/?p=461#comment-7875 Stephen Roach has been the biggest bear on the street for five years, meanwhile all major stock market averages are at 5 year highs and the economy is strong and getting stronger. I chose to take his word with a large grain of salt. Kevin Stephen Roach has been the biggest bear on the street for five years, meanwhile all major stock market averages are at 5 year highs and the economy is strong and getting stronger. I chose to take his word with a large grain of salt.

Kevin

]]> By: John http://www.punditreview.com/2006/03/the-bush-economy-is-booming-does-the-msm-notice/#comment-7874 John Tue, 21 Mar 2006 21:53:43 +0000 http://www.punditreview.com/?p=461#comment-7874 Stephen Roach, Chief Economist at Morgan Stanley, noted yesterday that America's income distribution disparity, or rich-poor gap, has been on the rise for over 35 years. He states: "Only the highly-educated elite at the upper end of the occupational hierarchy have been spared the pressures of an increasingly brutal wage compression. The rich are, indeed, getting richer but the growing remainder of the workforce is not." Globalization is squeezing the middle class. This is not the sign of a strong economy, despite all the government-produced statistical obfuscations. Stephen Roach, Chief Economist at Morgan Stanley, noted yesterday that America’s income distribution disparity, or rich-poor gap, has been on the rise for over 35 years. He states: “Only the highly-educated elite at the upper end of the occupational hierarchy have been spared the pressures of an increasingly brutal wage compression. The rich are, indeed, getting richer but the growing remainder of the workforce is not.” Globalization is squeezing the middle class. This is not the sign of a strong economy, despite all the government-produced statistical obfuscations.

]]> By: John http://www.punditreview.com/2006/03/the-bush-economy-is-booming-does-the-msm-notice/#comment-7873 John Tue, 21 Mar 2006 21:52:41 +0000 http://www.punditreview.com/?p=461#comment-7873 Stephen Roach, chief economist at Morgan Stanley noted yesterday that America's income distribution disparity, or rich-poor gap, has been on the rise for over 35 years. He states: "Only the highly-educated elite at the upper end of the occupational hierarchy have been spared the pressures of an increasingly brutal wage compression. The rich are, indeed, getting richer but the growing remainder of the workforce is not." Globalization is squeezing the middle class. This is not the sign of a strong economy, despite all the government-produced statistical obfuscations. Stephen Roach, chief economist at Morgan Stanley noted yesterday that America’s income distribution disparity, or rich-poor gap, has been on the rise for over 35 years. He states: “Only the highly-educated elite at the upper end of the occupational hierarchy have been spared the pressures of an increasingly brutal wage compression. The rich are, indeed, getting richer but the growing remainder of the workforce is not.” Globalization is squeezing the middle class. This is not the sign of a strong economy, despite all the government-produced statistical obfuscations.

]]> By: BizzyBlog.com » This Can’t Be Happening: The Econony Stinks! http://www.punditreview.com/2006/03/the-bush-economy-is-booming-does-the-msm-notice/#comment-7872 BizzyBlog.com » This Can’t Be Happening: The Econony Stinks! Tue, 21 Mar 2006 21:30:05 +0000 http://www.punditreview.com/?p=461#comment-7872 [...] UPDATE 2: Kevin at Pundit Review rounds things out with a lot of other good information about a dramatic increase in Hispanic-owned businesses, loans to minority-owned enterprises by the Small Business Administration (I’m not a fan of SBA, which is a topic for another time, but this increased lending activity is an indicator that entrepreneurship is ethnically diverse), minority home ownership, and increases in real disposable income. The point: The prosperity is not happening for just few nerds in the Bay Area who happen to be in the right place at the right time, it’s occurring virtually across-the-board. It would be nice if the Democrat/liberal portion of the poplulation, and their Mainstream Media spokespeople, recognized it. [...] [...] UPDATE 2: Kevin at Pundit Review rounds things out with a lot of other good information about a dramatic increase in Hispanic-owned businesses, loans to minority-owned enterprises by the Small Business Administration (I’m not a fan of SBA, which is a topic for another time, but this increased lending activity is an indicator that entrepreneurship is ethnically diverse), minority home ownership, and increases in real disposable income. The point: The prosperity is not happening for just few nerds in the Bay Area who happen to be in the right place at the right time, it’s occurring virtually across-the-board. It would be nice if the Democrat/liberal portion of the poplulation, and their Mainstream Media spokespeople, recognized it. [...]

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